The US Indices closed lower on July 24 also leading to negative opening for the Singapore exchange on Friday morning. Amazon, Microsoft dragged the markets the most in the trading session.
Highlights:
- Amazon on July 24 dipped nearly 3.6% contributing in the downfall of US markets, Microsoft down by 4.3%, Apple lower at 4.5% and Netflix ends lower by 2.5%.
- Nasdaq at close was trading lower by 2.3% on July 24th.
- Dow Jones slips 1.3% at market closing on Friday.
- S&P slips 1.2% also breaking the 4-day winning streak in the markets.
- Gold in the current week has climbed up by 4.3% as recorded till 24th July.
- SGX Nifty opens red losing 51 points or 0.46% at 11176.50 at opening.
- Hang Seng at opening was down over 200 points at 25059.60 losing 0.8%.
- Considering the mixed to negative global cues the Indian markets are likely to open with a 51 points loss on 24th July.